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Need professional advice for your consent to let with Loughborough Building Society? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Questions and Answers: Loughborough Building Society consent to let

  • Me and my husband have a Loughborough Building Society mortgage and are have made overpayments to bring the loan amount down, both employed etc. Do you know how much the fees are and if Loughborough Building Society usually grant consent to let without porting the loan to a different deal?

  • I have exchanged contracts for an off plan property in which I was going to live in, but my manager has presented me with the opportunity to work overseas for 18 months, can I let the new property with consent to let from Loughborough Building Society.
  • My flat has a mortgage against it with Loughborough Building Society and I have been letting out the property without consent to let, which I am now led to believe means I am in contravention of my mortgage Ts and C’s. I think I have come onto their radar that I am not residing there. Is my best option is to sell the apartment before repossession?
  • I have been leasing my flat to a tenant for three years but not on a BTL mortgage as I naively considered that you only required a buy to let if you had more than one property. In trying to acquire a second property, I discovered that I should have obtained consent to let all along from my lender Loughborough Building Society. I'm wondering whether I can now seek consent to let from Loughborough Building Society?
  • I am seeking from Loughborough Building Society consent to let out my home in Lambeth. I am going to live with my mother as I am off work due to illness.
  • Please can you set out the process for procuring consent to let by Loughborough Building Society? Are there certain requirements such as you must live in the property for a year before its given?
  • We have a new mortgage however my girlfriend doesn't feel safe in the property due to other tenants in the block. I know that many lenders have a half year rule before consent to let - does this apply to all lenders. Is there any way Loughborough Building Society would grant consent to let from day one?
  • I am interested in some guidance on how best to approach my mortgage lender Loughborough Building Society regarding a 'Consent-to-Let' application. Is this a task you can help with ?